TROY, Mich., Jan. 3, 2012 (GLOBE NEWSWIRE) -- Syntel, Inc.
(Nasdaq:SYNT) today announced the promotion of Rakesh Khanna to the
role of Chief Operating Officer (COO). Rakesh is presently the
President of the Banking and Financial Services Business Unit at
Syntel.

"Rakesh has successfully led Syntel's largest business unit, delivering
great results and building a strong foundation for the future. He
pioneered Syntel's Integrated Technology -- Operations approach in the
marketplace and focused business pursuits on large-scale
transformational client relationships. We are excited about the market
opportunity for our offerings and the depth of Syntel's leadership
pipeline to drive our growth," said Bharat Desai, Syntel Chairman.

Rakesh has over 26 years of experience in the technology services
industry and has held a variety of leadership roles in North America,
Europe and Asia. He joined Syntel in 2005 from Oracle Financial
Services Software Limited (formerly i-flex Solutions Limited), where he
was a member of the leadership team.

As Chief Operating Officer, Rakesh will assume responsibility for the
Business Units, Horizontal Practices, Centers of Excellence and Human
Resources. At this time, Rakesh will continue to lead the Banking and
Financial Services Business unit in addition to his responsibilities as
Chief Operating Officer.

"Rakesh's promotion to Chief Operating Officer is testimony to his
leadership and business acumen. This move will enable me to focus on
strategic and longer-term growth opportunities for Syntel, while Rakesh
assumes responsibilities for the day-to-day operations," said Prashant
Ranade, Syntel CEO & President.

About Syntel

Syntel (Nasdaq:SYNT) is a leading global provider of integrated
information technology and Knowledge Process Outsourcing (KPO)
solutions spanning the entire lifecycle of business and information
systems and processes. The Company is driven by its mission to create
new opportunities for clients by harnessing the passion, talent and
innovation of Syntel employees worldwide. Syntel leverages dedicated
Centers of Excellence, a flexible Global Delivery Model, and a strong
track record of building collaborative client partnerships to create
sustainable business advantage for Global 2000 organizations. Syntel is
assessed at SEI CMMi Level 5, and is ISO 27001 and ISO 9001:2008
certified. As of September 30, 2011, Syntel employed more than 18,000
people worldwide. To learn more, visit us at: www.syntelinc.com


CONTACT: North America/Europe:
         Jon Luebke, Syntel
         248/619-3503, jon_luebke@syntelinc.com
         AsiaPac:
         Suruchi Sharma, Syntel
         +91 9833691415, suruchi_sharma@syntelinc.com